413 Chandler St, Dry Prong, LA, 71423 | $907/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Dry Prong at 413 Chandler St, Dry Prong, LA, 71423 priced at $104,290 converts $1,553/mo rent into $907/mo cash flow after a $510/mo obligation. Total monthly income equals $1,553/mo, and annual cash flow totals $10,889/yr on $34,572 invested. Return on cash invested prints 51.41% in year one, and rental yield reads 17.87% against a $104,290 entry. Equity gained on principal adds $673/yr, while 5% annual appreciation compiles into $28,813 by year five. Five-year ROI reaches 271.83% and total cumulative return in cash sums $93,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,553/mo property income covering a $510/mo payment, not borrower’s personal income.

Single Family

Built in 1972

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71423, Dry Prong, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,518 (100%)
Owner Occupied HU	1,909 (75.8%)
Renter Occupied HU	327 (13.0%)
Vacant Housing Units	282 (11.2%)
Median Home Value	$191,465
Average Home Value	$223,387